Resource Tycoon Reborn

Chapter 340: The Burst of the Bubble

The U.S. stock market, symbolized by Wall Street, is the largest capital market with the most complete regulations and management recognized by all countries in the world. The Nasdaq stock market is the most representative stock market in the United States in recent years and is also

The fastest growing and the first electronic and globally oriented stock market. It has more than 200,000 computer sales terminals in more than 50 countries and regions around the world. It is precisely because it has such a broad foundation that Nas

DARK has also become the most influential securities market in the world.

More than half of the stocks traded on the U.S. stock market every day are traded on the Nasdaq stock market. There are more than 5,000 securities of companies from all over the world listed on this market. This includes several companies in the world.

It is composed of hundreds of high-tech companies with the most advanced computer production technology, network technology, telecommunications technology, and biotechnology, including Microsoft, Intel, Yahoo, Amazon, AOL, and many other household-name high-tech companies.

At the beginning of the second millennium, the Nasdaq stock market gave people around the world great surprises. The Nasdaq Composite Index, which surged last year, was questioned by many media in the first two months of the new millennium.

In his voice, he still continues to sing and advance!

Although it can be seen that its rising speed has slowed down because there are more and more listed companies on the securities market and their market value is getting higher and higher, it is still very firmly moving towards the 5,000-point mark.

On March 16, the Nasdaq Composite Index rose 30 points, breaking through the 5,000-point mark at 2:47 pm! Immediately, the entire capital market was shouting about it, and people rushed to tell each other,

That scene was not inferior to the successful Apollo 11 landing on the moon in person. Although, at the close of the market, the Nasdaq Composite Index stopped at 4998.88.

It did not stand firmly above 5,000 points, leaving people with endless regrets. But people are still celebrating this. They all believe that tomorrow, the Nasdaq Composite Index will stand above 5,000 points, which will definitely

No problem!

On March 17, the Nasdaq Composite Index opened higher and moved higher. It stood firmly above 5,000 points from the opening, and then climbed up unstoppably. At noon, it had exceeded 5,000 points.

100 points, and when the market closed in the afternoon, it reached 5179.86. Compared with the previous day, it was only 0.02 points higher than the previous day, which was an increase of 181 points! Created again

A new record for the Nasdaq Composite Index!

On this day, almost all companies on the Nasdaq stock market rose to varying degrees, and the most representative companies performed even more amazingly!

The entire capital market is crazy about it. The original doubts about the overheating of the Nasdaq Composite Index have been overwhelmed by the overwhelming praise. People are speculating whether it is possible to see Nasdaq at the end of March.

The possibility of the Dak Composite Index breaking through the 6,000-point mark! Even on the same day, more than 500 members of the Ugandan cult organization "Movement for the Restoration of the Ten Commandments of God" committed collective self-mutilation in a church in Kanungu region, a tragedy that shocked the world.

, and it did not attract enough attention from people.

On March 18, a new government leader was elected across the strait, which only attracted the attention of a small number of people. Of course, no one knew that this leader would also set a record in future history.

In a record that will be remembered by the Chinese people, he became the first "supreme leader" on the other side of the Taiwan Strait to abdicate and be imprisoned.

On March 20, amidst people's high expectations, the Nasdaq Composite Index did not disappoint everyone's expectations. It opened at 5,201.12. After the opening, it went up all the way and closed at noon.

At that time, it had reached a new historical high of 5,267 points, and the entire market was filled with joy. In response, TV stations in many countries reported the news immediately. Many people were even more determined.

Conviction that the Nasdaq Composite Index is expected to breach the six thousand point mark by the end of March.

After the market opened in the afternoon, the Nasdaq Composite Index continued to rise, reaching a maximum of 5,298 points. Just when people thought that the Nasdaq Composite Index should be able to successfully break through 5,300 points today, it continued to rise throughout the day.

When it rose more than 100 points, at 2:31, huge sell orders for the stocks of several leading companies such as Microsoft, Dell, Yahoo, and Cisco worth more than 7.56 billion US dollars appeared, which made the Nasdaq

The Gram Composite Index fell 5% in just ten minutes, falling back to 5,035 points. In the following time, the Nasdaq Composite Index was hit hard.

I was too weak to get going. Although I tried to continue the upward attack several times, I was helplessly suppressed by selling orders. By the time the market closed, it was only 5,039 points.

Although many market analysts on the media and radio stations that day believed that the Nasdaq Composite Index fell today, it was just because the Nasdaq Composite Index rose too fast some time ago and the market spontaneously

Adjustments were made to gain momentum and would not affect the general trend. However, in the next few days, the processing of batch sell orders on the 20th still triggered a chain reaction of stock selling - many investors, funds and institutions began to liquidate. Short

In just nine days, the Nasdaq Composite Index fell from 5,000 points to more than 4,150 points, a drop of nearly 20%! The drop was so severe that in the history of the U.S. securities market,

It's also quite amazing.

And just when the Nasdaq Composite Index stabilized slightly, and people who were overwhelmed by the rapid decline were just breathing a sigh of relief, another bomb was triggered!

On April 3, Bill Gates officially announced his resignation as president and CEO of Microsoft and appointed Steve Ballmer as his successor.

On April 4, federal judge Thomas Jackson, who is responsible for the Microsoft antitrust case, publicly declared that based on the evidence collected so far in the court, it is enough to prove that Microsoft does have monopoly behavior. Microsoft uses its expertise in the field of personal computer operating systems to

It has a monopoly position, sets extremely unreasonable prices for the goods it produces, and has a variety of repressive behaviors that prevent other companies from normal competition with Microsoft. For example, if Microsoft uses bundled sales as a means to hinder competition, this has seriously harmed consumption.

legitimate interests of investors and taxpayers. Therefore, he determined that Microsoft violated antitrust laws.

After the matter was reported by the media, Microsoft's stock price plummeted 7% that day, but the stocks of its competitors all rose slightly. Many legal experts have publicly stated that Microsoft is likely to face the possibility of being split up in the future.

.

Microsoft publicly stated that it regretted the decision of federal judge Thomas Jackson and insisted that Microsoft did not violate antitrust laws. Microsoft Chairman Bill Gates issued a public statement to encourage customers and the company's shareholders

, said that in the U.S. government's case against Microsoft for monopoly, he insists on believing that Microsoft will eventually win. No matter how federal judge Thomas Jackson concludes that Microsoft violated antitrust laws, Microsoft will continue to appeal until the judicial department gives Microsoft a

A fair outcome.

This news caused an uproar in American society. Although some people clearly expressed their support for federal judge Thomas Jackson's decision, there were also many opposing opinions.

And this news was reflected in the Nasdaq stock market, that is, the Nasdaq Composite Index once again fell into a situation of endless decline. In just one week, it fell below 3,900 points.

A large number of investors have withdrawn funds from the stock market. The capital markets in the United States and even around the world are in mourning! The stock prices of many companies have fallen by nearly 30%! Hundreds of billions of dollars of property have been wiped out.

In Japan, the chaos in the financial and securities markets has yet to be added. Because, on April 13, Yoshiro Mori officially succeeded Keizo Obuchi, who was unable to see anything due to illness, as the new Prime Minister of Japan.

In the chairman's room of the Sogo0 Co., Ltd. group headquarters building in Osaka, Lin Lian looked at the documents in her hands and raised her eyes from time to time to look at Fang Mingyuan who was working at the desk.

In this funeral of capital, the Fang family's capital was not injured at all. Half a month before the NASDAQ Composite Index began to plummet, almost all the stocks in the Fang family's hands that could be sold were escaped. Only one was left.

The stocks of companies whose representatives from Fang Capital have entered the board of directors - according to U.S. law, shareholders are not allowed to reduce their holdings of stocks while serving as directors of the company.

Compared with the investment that year, the Fang family has swept away a huge amount of wealth in the Nasdaq stock market this time, which is enough to make everyone stunned. How much this wealth is, even Lin Lian

I haven't calculated it clearly yet. Moreover, even those stocks that cannot be withdrawn have still increased more than ten times compared with their initial investment.

How did Fang Mingyuan do it? How did he see the crisis from the enthusiasm at that time, and resolutely give up the huge profits that followed, and withdrew from the Nasdaq stock market several months in advance.

Facts have also proved that the timing of his withdrawal was just right. The crazy rise of the Nasdaq Composite Index well concealed his intention to sell a large number of stocks. If it were later, the huge number of stocks in his hands would have been

Maybe the short selling will not be so smooth, and it may cause the Nasdaq Composite Index to plummet in advance.

"Sister Lian, what can I see here?" Fang Mingyuan raised his head and couldn't help but smile. (To be continued. Please search Piao Tian Literature, the novel will be better and updated faster!)

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